In today's PMP, we wrote that AAOI has not yet violated its 50-dma. While it technically did violate its line on 6-28-17 since it did trade below the low of its closing low, we were making the point that AAOI has managed to attempt a recovery thus is no longer in violation of its 50-dma, and today, it is untrapping itself by regaining its 50-dma.
Market Lab Report - Clarification 7-7-17
|Published:||7 Jul 2017 10:04 ET|
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